2 papers
physics.soc-ph2021
Optimal Claiming of Social Security Benefits
Steven Diamond, Stephen Boyd, David Greenberg +2
Using a lifecycle framework with Epstein-Zin (1989) utility and a mixed-integer optimization approach, we compute the optimal age to claim Social Security benefits. Taking advantag…
math.OC2020
Log-Linear Dynamical Systems
Steven Diamond
We present log-linear dynamical systems, a dynamical system model for positive quantities. We explain the connection to linear dynamical systems and show how convex optimization ca…